A piece in today’s Telegraph (below) looks to reaffirm our stance that the mining sector is in the early stages of a strong cyclical bull market. The retracements last week are only natural after such a strong showing following the QE3 announcement of a week ago. We have chosen beaten down, undervalued plays with specific…
We included Bumi Plc in our Dream Miners Stock Portfolio (link here – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v9_generic) which was released yesterday and it looks like the “market” is handing us an interesting opportunity. Here’s the explanation for the fall from todays Telegraph – ”the sell-off in Bumi continued as the company fell 54.2 – or 21.7pc – to 195.9p. It is…
We present below in all its insulting glory a post to us from an individual who goes by the handle of “SueYou1” on ADVFN. Regular readers will know that we have covered Ceres Power extensively both on this blog and in our “5 Potential 10 bagger piece” in the July edition of our magazine (link…
It is rather worrying how little coverage there is in the Western media about the increasingly nasty escalation of the China-Japan stand-off over a few small islands. The Arab Spring which was galvanized through the enormous power of social media may have parallels in China given the strangle hold the authorities have there over main…
PMI data published earlier today for the Eurozone shows that the European economy has not yet bottomed with manufacturing continuing to contract and so suggesting a negative GDP print is likely for the third quarter. The main PMI composite index declined for the eighth month running in September to 45.9 from 46.3. Services activity fell…
INSANITY! That’s how I describe the Federal Reserve’s third round of money printing (QE3). Frankly, I’m not able to make a judgement on whether Fed chairman Ben Bernanke himself is insane or not. Maybe he really is. Or maybe he’s just deluded. Or maybe he knows that QE1 and QE2 didn’t work, therefore QE3 is one…
This was a good trade for us, running the position from 123.00 from the 14th August and taking 340 pips out of it in total. Take a look at our record on the About Us page – this year we have achieved over a 95% (that’s right 95%!) success rate on our Calls. We have…
If the underperformance of mining shares is leaving investors scratching their heads, the major discounts being attributed to high quality junior miners is just as compelling. Mark Bristow, CEO of FTSE 100 listed gold producer Randgold Resources, summed things up nicely suggesting that the junior mining space was ripe for an uptick in M&A activity…
The Bank of England published earlier today the minutes from its last MPC meeting held on September 6. The minutes show that all nine committee members agreed upon the decision to hold interest rates unchanged at 0.50% and to leave the current asset purchase program at the £375bn. The committee unanimously voted to keep the…
Central banks have been dominating the news during the last month, with the ECB and the Federal Reserve taking action including purchasing bonds in the open market in order to help their respective economies and, it is hoped, avoid the worst. In Europe, the ECB is trying to put a cap on the bond yields…
